TNPSC Thervupettagam

Total Investments via GIM 2024

January 10 , 2024 191 days 557 0
  • The Tamil Nadu Global Investors Meet 2024 has attracted record investments of 6.64 lakh crore.
  • It is much higher than the estimated sum of about 5 lakh crore and doubled the investment that was attracted in the previous GIM held in 2019.
  • This is achieved through 631 Memoranda of Understanding (MoUs) that would generate nearly 27 lakh jobs across sectors.
  • Some of the big-ticket investment proposals were made by Tata Power (70,800 crore), Adani Group (42,768 crore), Sembcorp (36,238 crore), Leap Green Energy Pvt. Ltd. (17,400 crore) and Chennai Petroleum Corporation Limited (17,000 crore).
  • Giving sectoral-wise break-ups are
    • 3,79,809 crore had been mobilised through the Department of Industries, Investment Promotions and Commerce;
    • 1,35,157 crore by the Energy department;
    • 62,939 crore through the Housing and Urban Development department and
    • 22,130 crore through the Information Technology and Digital Services department;
    • Besides, 63,573 crore had been generated by the MSME sector.

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